Multi-Phased Approach - Accelerating Sustainable Energy Transition (MPA-ASET)
World Bank is launching a multi-year regional technical assistance program, Clean Energy and Power trade development in Southeast Asia with ASEAN Centre for Energy (ACE) as its Implementing Agency. The proposed program is part of the Multi-Phased Approach (MPA) program, Accelerating Sustainable Energy Transition (ASET or “Initiative”), which aims to accelerate renewable energy (RE) development in ASEAN countries including analytical support and capacity building to develop RE investments and promote regional power trade. The proposed ASET initiative is designed to be in line with World Bank’s Global Challenge Program on Energy Transition (GCP-E).
About
World Bank is launching a multi-year regional technical assistance program, Clean Energy and Power trade development in Southeast Asia with ASEAN Centre for Energy (ACE) as its Implementing Agency. The proposed program is part of the Multi-Phased Approach (MPA) program, Accelerating Sustainable Energy Transition (ASET or “Initiative”), which aims to accelerate renewable energy (RE) development in ASEAN countries including analytical support and capacity building to develop RE investments and promote regional power trade. The proposed ASET initiative is designed to be in line with World Bank’s Global Challenge Program on Energy Transition (GCP-E).
Objectives & Goals
The program has three main activities: I. Regional RE policy support and climate finance – designed to provide analytical support on policy issues and capacity development required on regional level to facilitate development and financing of RE investments, II. Regional Power Trade – Building upon dialogue and experience that ACE has accumulated based on their ASEAN regional grid concept, this set of activities aim to provide additional technical support to start transboundary power trade within Southeast Asia, III. Knowledge Sharing, Consultations and Capacity Building
Related Documents
We connect, inform, and empower ASEAN's energy community. Through regional cooperation, knowledge exchange, and evidence-based insights, ACE drives progress toward a secure, sustainable, and integrated energy future for all, fulfilling its three (3) key roles as:
Catalyst
To advance ASEAN energy goals by unifying and strengthening ASEAN energy cooperation and integration.
Knowledge Hub
To function as an energy data and knowledge hub by providing a knowledge repository and related services.
Think Tank
To serve as an ASEAN energy think tank by assisting with research and practical solutions for the Member States.